How the "Max Bid" system works

The StorageTreasures auction system accepts bids in increments of $10 ($10, $20, and so on). If you prefer,
you can monitor auctions very closely and respond to the bids of other buyers in real time. However, you also
have the option to use a Proxy Bidding strategy. If you already know the maximum bid that you are willing to
submit, you can enter the entire amount in advance, and your maximum bid - which is NOT visible to other buyers
- is committed to bids in the smallest possible increments so that you may not need to pay out the entire amount
to win an auction.

For example, if the high bid for an auction is currently $30, and you decide to make your Maximum Bid $100, your
initial bid is really only for $40, with the remaining $60 held in reserve, to be used if needed. So if another
buyer then bids $50, your bid is automatically increased to $60. If that turns out to be the winning bid, then the
other $40 you had in reserve is not applied - and yours to keep. Otherwise, you are only notified of other bids if
and when another buyer exceeds your max bid. Using a Proxy Bidding strategy is a good way to participate in more
auctions with the least amount of bid tracking!

Additional Information

Cash only 100.00 cleaning deposit
48 hours clean out time

Auction Rules

NOTICE TO BIDDERS: When placing a bid, the buyer accepts the fact that he or she is
entering into a legal binding contract. The following auction rules apply. (Highlights from Terms of Use)

$10 Bid Increments

Bids placed within the last 3 minutes will extend the auction so 3 minutes are added to the remaining
time (refresh your screen often to see the most updated bid amount)

If you have a basic plan on StorageTreasures your buyer's premium is 15%. If you are a Pro Member your
buyer's premium is only 10%. Upgrade for only $10 and Save!

In addition to the buyer premium, a 10% deposit of the sale price will be charged to the card on file.

The defaulted tenant has the legal right to cure the account thus cancelling the auction up until the
cash payment is received from the winning bidder unless otherwise stated in the state's lien laws or by
the storage facility.

The cleaning deposit may vary by storage facility. Please check information for each auction.

The storage facility is responsible for collecting the cleaning deposit

Clean out time may vary by storage facility. Please check information for each auction

Sales tax may be collected at the facility unless verification of exemption is provided

All auction unit(s) are subject to cancellation by the storage facility

Bidders are liable for their winning bids and associated premiums, taxes, and fees regardless of whether
they claim the property in the auction unit(s)

By registering and bidding on StorageTreasures.com, an auction buyer agrees not to dispute any credit
card charges processed through this site.

Violation of any terms may prevent you from using the StorageTreasures services

Information Vault

Our Community

StorageTreasures.com is the internet's leading storage auction information portal, online storage auction marketplace and local self storage locator. By offering the most comprehensive self storage auction schedules available on the internet, the site has amassed the world's largest storage auction audience. In addition to storage auction hunters, the site serves auctioneers, appraisers, pickers, yard sale buyers, self storage customers and facility owners throughout the US and Canada. Recent additions to the company's site include ProTraining for those looking for full or part-time income, yard sale and estate sale listings, online storage auctions and the TreasureChest, an online showcase for members to browse, buy or sell items in the StorageTreasures.com Marketplace. StorageTreasures.com has appeared on A&E's Storage Wars, Fox11News Los Angeles and ABC 6 Philadelphia.

OpenTech Unveils New StorageTreasures.com Website

PHOENIX, ARIZONA – August 2nd, 2016 – Today, OpenTech Alliance Inc., announced the rollout of a redesigned platform for the StorageTreasures website. The redesign enhances the user experience offering better support for the 7,500 plus storage facility clients who have made StorageTreasures their first choice for online and onsite storage auction services in the United States and Canada. The new site, which provides a more dynamic bidding experience for over 900,000 registered members, is showcased at www.StorageTreasures.com.